Google Editions is looking to upset the traditional (if you can call it that) e-book market dominated by Amazon and offer e-books in a "universal" format. In other words, books purchased on Google Editions will be readily available to users on all sorts of devices--not just a dedicated e-book reader, such as the Amazon Kindle or the Barnes & Noble Nook, or on a tablet OS such as the iPad.

Instead, Google Editions books will be available for users to read on most devices with Internet access, including smartphones, computers, and tablets. Google also says on its Google Books website that Editions books will be available on "supported partner devices" that will be announced when Editions is publicly launched.

Google Plays Nice with Book Sellers

Google is also offering to share revenue with other retailers, including independent bookstores. Unlike Amazon, which only allows its Kindle users to purchase books from Amazon.com, Google will sell its books from both its Google Editions store and from online retailers. It's unclear as of now as to how much revenue Google will share with the retailers.

Watch Your Back Amazon

Google's foray into the e-book world--if, indeed, the project launches by the end of this year--is coming at a good time. A recent survey by ChangeWave Research shows that the dominant e-book reader, the Amazon Kindle, is slowly but surely losing its market share. The survey of 2,800 people found that while the Kindle still dominates with 47 percent of the e-book reader market, the Apple iPad is catching up with 32 percent of the market. In February of this year, the Kindle had 68 percent of the market share.

The survey also asked people what e-reader they were most likely to purchase in the next three months. Forty-two percent of the respondents said they were likely to purchase the iPad, while 33 percent said they were likely to purchase the Kindle (4 percent said they'd get the Nook and 1 percent voted for the Sony Reader).

Subtext of an E-book War

If Google can get its act together, this looks like the perfect time to enter the market. After all, the iPad is a device with Internet access and a Web browser--potentially a Google Editions reader. Sure, Kindle users will have to stick with Amazon, but it looks like their numbers are dwindling (though admittedly still pretty significant).

Plot Twist: Reading Google Editions Offline

The only thing I haven't been able to confirm is this: if the books are stored on the cloud, and you need a Web browser/Internet in order to read them, what is Google's solution for offline reading? According to the Google Editions security page:

"Each consumer's Google Edition has a unique coding that caches the book when it is accessed through a browser (as opposed to a digital download; see more information on file protection here). This means that the Google Edition is broken down into fragments and temporarily stored in - and accessed through - the browser window. The Google Editions Web experience, therefore, is not that of a file download - it is an experience that is optimized for reading in the browser. This allows Google to detect and protect against abuse of each Google Edition."

Certainly, there are always ways to download things on the 'net for offline viewing, but I assume (or at least I hope) Google has its own solution.

What do you guys think? Is Google Editions going to work as well as Google Search, or will end up like Google Wave?